The State of Mato Grosso is often considered the “agricultural frontier of Brazil” since it is responsible for almost one-third of the nation’s grain production, with a solid growth trend for the near future. Its rich ag-industry drives the state’s economy and constitutes an important part of the country’s GDP.

In 2013, we developed a thesis to explain the essence of Mato Grosso grain logistics and joined a five-day field trip through the state’s ag-infrastructure. We believed that the ongoing structural changes in infrastructure would significantly impact the market share of logistics corridors in the agricultural chain, particularly increasing the share of the state’s exports handled through northern ports. Since then, Mato Grosso’s northern exports grew significantly, both in absolute terms and in volume share.

In 2016, we took part on the same trip to assess how the infrastructure evolved in the region and to gather insights on the new investment opportunities for the logistics industry.

During 2017, we decided to dive in deeper to learn how the waterway network and river terminals in Northern Brazil are operating and how they attracted millions of tonnes for international destinations.

Now, based on that immersion and considering the ongoing changes our country is facing in the political, regulatory and economic fields, our team developed a technical report covering not only the status of the ag-logistics infrastructure for Mato Grosso, but also the key-drivers that will affect this industry in the coming years.

We would like to thank Credit Suisse’s Equity Research Transportation Team for inviting us to participate in this event.

In the link below you may download the new report, published in April 2018.

See our full report on the subject here.